Guide Price £34,999.00
Guide Price £34,999
***GOING TO ONLINE AUCTION***
Brighton and Beck offer to online auction this well-presented one-bedroom flat on Jamaica Street, Aberdeen, providing an excellent opportunity for investors looking for an affordable, walk-in-condition buy-to-let or serviced accommodation prospect.
The property is offered vacant and is presented in very good condition throughout, allowing a purchaser to move quickly towards letting without the need for significant initial refurbishment. The accommodation comprises a spacious lounge with attractive traditional proportions, a modern fitted galley-style kitchen, double bedroom with built-in storage and a contemporary shower room. The flat has been finished in neutral décor throughout and retains a bright, clean and easily maintained interior.
Externally, the traditional granite building benefits from access to a substantial shared rear garden area, while the property itself offers a strong combination of traditional Aberdeen character and modern internal accommodation.
From an investment perspective, the figures are particularly attractive, with a potential yield of approximately 19% based on the current Home Report valuation, alongside a substantial 42% discount to Home Report value. This creates a compelling entry point for both first-time landlords and experienced investors looking to add a competitively priced Aberdeen property to their portfolio.
Jamaica Street is well placed for Aberdeen city centre and benefits from convenient access to a broad range of shops, amenities and transport links. The location is also particularly useful for Aberdeen Royal Infirmary, the University of Aberdeen and North East Scotland College, with the latter's Aberdeen City Campus situated in the heart of the city centre. This proximity to major healthcare, education and employment hubs supports the area's appeal to a wide range of prospective tenants.
With vacant possession, walk-in condition, significant discount to Home Report and potential for an excellent rental yield, this is a brilliant entry-level BTL or serviced accommodation opportunity in an established Aberdeen rental location.
Viewing is essential to fully appreciate the condition, location and investment potential on offer.
Important Note
The latest published guide price is displayed on the website. The reserve price is the minimum price at which the property may be sold. The guide price represents the minimum price at which the seller may be prepared to sell on the date the guide price is published.
Both the guide price and the reserve price may be subject to change up to and including the day of the auction. All guide prices are quoted “subject to contract.” The reserve price may be higher than a previously quoted guide price. The guide price will be published online as soon as it becomes available. Lots may be sold or withdrawn prior to the auction.
Auction properties are subject to a buyer’s premium of a minimum of £5,000.00 + VAT (£6,000.00).
Each property listing will state the applicable buyer’s premium. For further information regarding a property’s buyer’s premium or any related fees, please contact a member of the team.
